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389 S Lake Drive Phb, Palm Beach, FL 33480
$7,980,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
3,337
Status:
Active
Current Price:
$7,980,000
List Date:
5/12/2026
Last Modified:
9/11/2026
Overview
Description
Supplements:
Listing Details MLS# B26027444
General Property Information
- Unit Floor #
- 6
- Property Sub Type
- Stock Cooperative
- Bedrooms Total
- 3
- Bathrooms Total
- 3
- Bathrooms Full
- 3
- Building Area Main
- 3337
- Building Area Source
- Other
- Living Area Main
- 2443
- Living Area Source
- Other
- Accessibility Features YN
- No
- Year Built
- 1967
- Parking Total
- Yes
- Gated Community YN
- No
- Lot Size Area
- 67570
- Lot Size Acres
- 1.55
- Senior Community YN
- No
- Land Lease YN
- Yes
- Waterfront YN
- Yes
- Outdoor Living Spaces YN
- Yes
- Stories Total
- 6
- Stories
- 6
- Direction Faces
- Southwest
- Fireplace YN
- No
- Pool Private YN
- No
- Furnished
- Unfurnished
- Washer/Dryer Allowed YN
- Yes
- LP/Assessed Value
- 2.48
Property Features
Association Amenities:
Maintenance; Security
Association Fee Includes:
Cable TV; Common Areas; Common Real Estate Tax; Elevator; Insurance; Legal/Accounting; Maintenance Grounds; Maintenance Structure; Pest Control; Pool Service; Reserve Funds; Security; Trash
Dining Area:
Dining/Living Room
Flooring:
Marble; Mexican Tile; Wood
Parking Features:
Assigned; Covered; Deeded; Guest
Property Condition:
Resale
Special Listing Conditions:
Standard
Appliances:
Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Range; ENERGY STAR Qualified Refrigerator; Freezer; Ice Maker; Microwave; Oven; Refrigerator; Washer; Water Heater; Cooktop
Water Heater Details:
Electric Water Heater
Architectural Style:
Traditional
Construction Materials:
CBS
Cooling:
Central Individual
Association Type:
Co-Op
Heating:
Central Individual
Interior Features:
Bedroom Layout - Split; Built-in Features; Entrance Foyer; Pantry; Storage; Walk-In Closet(s)
Laundry Features:
Laundry Closet
Levels:
One
Listing Terms:
Cash
Main Living Area:
Entry Level
Pets Allowed YN:
Yes
Pets Allowed:
Dogs OK; Pet Restrictions Possible
Possession:
Close Of Escrow
Restrictions:
Buyer Approval Required; No Smoking
Road Frontage Type:
City Street; East of US-1
Road Responsibility:
Public Maintained Road
Roof:
Other
Security Features:
Building Security; Entry - Phone/Intercom; Fire Alarm; Fire Sprinkler System; Lobby - Attended; Security Lights; Security System; Security System Owned; Smoke Detector(s)
Sewer:
Public Sewer
Special Information:
Sold As-Is
Sprinkler Description:
Auto Sprinkler
Structure Type:
Multi Family
Tax Information:
City/County
Utilities:
Cable Available; Electricity Available; Sewer Available; Water Connected
View:
Water
Water Source:
Public
Water View:
Intracoastal; Marina
Waterfront Features:
Intracoastal
Window Features:
Blinds; Drapes; Sliding; Storm Window(s)
Showing Requirements:
Appointment Only; Call Listing Agent; Listing Agent Must Accompany
Outdoor Living Spaces:
Balcony
Balcony Details:
Balcony - Covered
Room Types:
Kitchen; Living Room; Master Bedroom
Acreage Description:
1 To Less Than 2 Acre Lot
Contract Information
- Comp Sale YN
- No
- Original List Price
- 7980000
- Listing Service
- Full Service
Location and Legal
- Country
- United States
- County Or Parish
- Palm Beach
- Street Number
- 389
- Street Direction Prefix
- S
- Street Name
- Lake
- Street Suffix
- Drive
- Unit Number
- Phb
- Municipality Type
- Incorporated
- Municipal Code
- 50
- State Or Province
- FL
- Postal Code
- 33480
- Postal Code +4
- 4567
- Subdivision Name
- THREE EIGHTY NINE CORP LESSEE
- Area
- 5002
- Geographic Area
- PB30
- Elementary School
- Palm Beach Public
- High School
- Forest Hill
- Special Assessment YN
- No
- Parcel Number
- 50434327630006020
- Subdivision Number
- 63
- Zoning
- R-D(2) (city)
- Flood Zone
- AE
- Directions
- On S. Lake Dr. on Intracoastal on corner of Peruvian Avenue
Financial Information
- Association YN
- Yes
- Association Deposit YN
- No
- Association Fee
- 10500
- Association Fee Frequency
- Quarterly
- Association Membership
- Mandatory
- Association Email
- 389frontoffice@gmail.com
- Master Association YN
- No
- Estimated Monthly Assoc Recurring Fee
- 63350
- Membership Fee Required YN
- No
- Tax Annual Amount
- 55480.63
- Tax Year
- 2025
- Tax Assessed/SOH Value
- 3221020
- Tax Legal Description
- THREE EIGHTY NINE CORP LESSEE PENTHOUSE B
- Assessor Market Value
- 4300000
Status Change Information
- Major Change Timestamp
- 2026-05-12T15:55:49Z
- Major Change Type
- New Listing
- Status Change Date
- 2026-05-12
More Information
Boat and Dock Information
- Dock
- No
Land Lease Information
- Land Lease Amount
- 179550
- Land Lease Amount Frequency
- Quarterly
- Land Lease Expiration Date
- 2058-01-01
- Land Lease Remarks
- N/A
Main Level Rooms
- Main Level Bathrooms
- 3
- Main Level Bedrooms
- 3
Pet Details
- Pet Fee YN
- No
- Other Pet Restrictions
- 1 pet 25 lbs. max
Storm Protection
- Impact Glass
- Complete
Price Calculations
- Current Price To SqFt
- 3266.47
Originating Details
- Originating System Key
- 20260508170834046214000000
- Originating System ID
- M00000170
Room Information
| Room Name |
|---|
| Kitchen |
| Living Room |
| Master Bedroom |
Listing Office:
Brown Harris Stevens of PB
Last Updated: September - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Contact Information
AMY STARK SNOOK
REALTOR®
NOREEN PAYNE
REALTOR®
PAIGE MERCADO DIRECTOR OF CLIENT RELATIONS
Phone | 561-571-2289
Amy and Noreen Team
Lang Realty

